Pre-Owned Update
Resembling a turbine engine, the pre-owned market in the first quarter of last year sucked wind.

Resembling a turbine engine, the pre-owned market in the first quarter of last year sucked wind. What a difference a year makes. All of a sudden everyone needs a corporate jet, demand that is pushing inventory levels of pre-owned stock lower and delivery dates of many new aircraft out farther. There are about 50 fewer aircraft available today than there were this time last year. Of the 1,667 aircraft listed for sale, 34 are delivery positions and half of those are offerings from the fledgling VLJ segment.

The lull in activity that sometimes unfolds with the new year has not happened this year, and 2007 is rolling along heartily, maintaining, if not increasing, the momentum established during the previous, and nearly always most active, quarter in terms of aircraft sales.